mortgage bankers association sells headquarters at huge loss

(thetruthaboutmortgage.com)

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2010-02-07

" The Mortgage Bankers Association sold its Washington D.C. Headquarters at a multi-million dollar loss to commercial real estate firm CoStar Group, according to the WSJ. The bankers group apparently parted with the property for $41.3 million, well below the reported $79 million paid back in 2007, while it was still under construction."

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